Robert Spence and Gareth Slater of Interpath Ltd were appointed as Joint Administrators (“the Joint Administrators”) of Amplifi Capital (U.K) Limited (“ACL”, or the “Company”) by the Company’s directors on 9 June 2026 (the “Administration”). ACL trades under the names Reevo Money, which previously provided personal loans to consumers, and My Community Finance, a credit broker for a network of credit unions, namely Castle Community Bank (“CCB”). For customers who have loans or savings with CCB, your loan and savings will not be impacted by the administration.
Shortly prior to the appointment of the Joint Administrators, processing of Reevo Money loan applications ceased and have since ceased lending.
However, customers will continue to be supported, with the Customer Portal, customer service team and processing of direct debit repayments all continuing to operate as normal. It is important that customers continue to make payments on outstanding loans held with Reevo Money and CCB as they fall due, as not doing so is likely to impact their credit rating/profile and ability to borrow.
FAQs for customers of Reevo Money regarding the impact of the administration are provided – click here.
Castle Community Bank “CCB” and My Community Bank “MCB” are two separate legal entries that are not impacted by this announcement and can be accessed via:
MCB: My Community Bank
Further information for customers, including an initial list of frequently asked questions (“FAQs”), is provided for your information at the Company website: https://www.mycommunityfinance.co.uk/help/for-customers/
The Company’s customer service centre continues to operate as normal.